MetroCity Bankshares (MCBS) Tops Q1 Earnings and Revenue Estimates

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Apr 18, 2025

Investment Highlights:

  • MetroCity Bankshares (MCBS, Financial) outperformed earnings expectations in Q1 with a 10.3% year-over-year revenue increase.
  • Analysts project a significant price target upside of 33.38% from the current stock value.
  • Average brokerage recommendations suggest a "Hold" position, providing a balanced perspective for investors.

MetroCity Bankshares (MCBS) has demonstrated robust financial performance in the first quarter, showcasing its resilience and potential as a compelling investment. Reporting GAAP earnings per share of $0.63, the company surpassed analyst expectations by $0.02. With revenues hitting $36.01 million—a 10.3% boost compared to last year—MCBS exceeded forecasts by $0.91 million, capturing the market's attention.

Wall Street Analysts Forecast

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According to a consensus from one analyst, MetroCity Bankshares Inc (MCBS, Financial) is projected to reach an average price target of $36.00 within the next year, with high and low estimates pegged at $36.00. This projection suggests an impressive upside of 33.38% from the current price of $26.99. For more extensive forecast details, visit the MetroCity Bankshares Inc (MCBS) Forecast page.

The investment outlook, based on a consensus from one brokerage firm, places MetroCity Bankshares Inc (MCBS, Financial) at an average brokerage recommendation of 3.0, signaling a "Hold" status. This rating operates on a scale where 1 indicates a Strong Buy and 5 signifies a Sell, offering investors a balanced viewpoint.

Value Estimation and Growth Potential

From GuruFocus estimates, the anticipated GF Value of MetroCity Bankshares Inc (MCBS, Financial) in one year's time is $29.23. This valuation represents an 8.3% upside from the current stock price of $26.99, underscoring the company's growth potential. The GF Value is GuruFocus' calculation of a stock's fair market value, leveraging historical trading multiples, past growth, and future business performance predictions. More granular data on the company is available on the MetroCity Bankshares Inc (MCBS) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.